A correction deed is a legal document used to amend or correct an error or omission in a previously recorded deed, ensuring the property's title is accurately represented and legally sound.
Filing fees are charges associated with documents that are recorded in the courthouse in connection with a sale, including deed-recording, mortgage-recording, and mortgage-release charges.
Recording fee closing costs are charges incurred during the real estate transaction to record documents, such as the deed or mortgage, in public records. These fees are mandatory and generally paid to local government offices to ensure the transaction is officially noted and legally recognized.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!